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Deeppoketz
Sep 27, 2021 8:53 AM

Our EURGBP Forecast is Range Bound, with slight bullish pressure 

FX:EURGBP240
Euro Fx/British PoundFXCM

Description

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Hello traders;

Here is your EURGBP Focus for today;
According to our Currency Strength Meter Mark, the EUR reads SLIGHTLY stronger than the GBP, thus only looking for BULLISH/BUY opportunities on this pair.
NB: These reading apply best on H8 to daily timeframes, and fluctuate from time to time.

Thank you.
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Comments
InkyGrip
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Great technical set up! 🦐👍🏻
Deeppoketz
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@plancton0618, Thank you bro
Mike2890
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Do you still think it's still bullish today. I am on a buy trade with TP 0.8556
Deeppoketz
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@Mike2890, With stop loss below 0.8500, you are likely safe
Mike2890
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@Deeppoketz, Likely
Mike2890
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@Deeppoketz, Yeah, but as of now you're bias is still bullish. I do think of closing my trade with an early loss. What do you think?
Deeppoketz
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@Mike2890, Am not sure man, if you are in a buy with a stop slightly below 0.8500, then you could just leave it, but if have your stop below 0.8500 is risking too much, then probably just close, because I think EURGBP is ranging, but euro slightly stronger
Mike2890
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@Deeppoketz, I was just asking because it keeps going bearish for now.
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